Spectra

Credit · Fixed Income · SPECTRA

NetworkCreditFixed Income1 coinsVerified

Spectra (formerly APWine) is a permissionless interest-rate derivatives protocol: any yield-bearing asset can be split into principal and yield tokens to trade fixed and variable rates.

Permissionless yield tokenization (ex-APWine).

Protocol TVL

$11.0K

-1.6% 24h

Latest data · 15 min delay

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Tag-specific metrics

Curated metrics for each credit tag on this network.

Fixed Income

TVL

$11.0K

DeFi Llama

Fixed APY

—

Pending live refresh

Implied yield

—

Pending live refresh

Mechanism

Permissionless yield tokenization (PT/YT)

Maturities

Varies per market (permissionless creation)